Aboitiz Equity to invest in Philippine venture
Aboitiz Equity Ventures Inc said it will invest PHP24bn (US$531m) in the cement business after formalising a deal with Irish cement maker CRH Plc to buy the Philippine assets o...
Philippines
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Holcim Philippines to make offer for local assets of Lafarge
Holcim Philippines will make an offer to acquire the assets of Lafarge Group in the Philippines as part of the merger process between the two cement majors. In a disclosure ...
Vietnamese producer targets new export markets
La Hien Cement JSC, a subsidiary of the Vietnam National Coal Mineral Industries Group (Vinacomin), is seeking new export markets in Asia and Africa, an executive of the compa...
Cemex
Cemex has announced a US$300m investment in the Philippines, the principal element of which will be a new 1.5Mta integrated cement works at its Solid works on Luzon. This would...
Ang plans to increase capacity in the Philippines
Philippine businessman Ramon S Ang plans to expand capacity of his privately-held Eagle Cement Corp as well as construct two new cement plants in the country. In an interv...
Holcim and Lafarge seal binding deal with CRH
Lafarge and Holcim have now entered a binding agreement with CRH regarding the sale of several assets with an enterprise value of EUR6.5bn. As announced in February 2015, the ...
Bangladesh, Indonesia, Philippines top Vietnamese importers in first four months
Bangladesh, Indonesia, the Philippines and Taiwan remained among major importers of Vietnamese clinker and cement in the first four months of this year, the Vietnamese Ministry...
Cemex to double capacity at Luzon cement plant, Philippines
Cemex announced yesterday that it is undertaking a new US$300m investment in the Philippines involving the construction of a new 1.5Mta line at is Solid Plant in Luzon. The inv...
Aboitiz plans to buy Lafarge Philippines assets
Philippine conglomerate Aboitiz Equity Ventures Inc said on Friday it had signed an agreement for a possible acquisition of Lafarge's local cement operations in partnership wit...
Cemex completes Apo Cement expansion
Cemex Philippines has inaugurated a new PHP3bn (US$67.3m) cement mill at its Apo Cement plant in Naga City, Cebu, as part of its comprehensive expansion plan in the country. P...